Skip to content

a set of utilities to facilitate load testing of erc20 token transfers

Notifications You must be signed in to change notification settings

tomerweller/erc20-load-rig

Repository files navigation

ERC20 Load Rig

A set of utilities to facilitate load testing of ERC20 token transfers. Read about the results here.

Notes

  • This test rig was built exclusively to simulate a load of simple ERC20 token transfers. It is NOT a general purpose tool for ethereum (load) testing.
  • Ethgasstation is used to pull recommended gas prices with a configured price tier. It's less than perfect but seems to be a standard in the Ethereum community.
  • Test rig should run on public infrastructure, alongside a dedicated ethereum node (geth or parity) to reduce lag as much as possible.
  • Block timestamps are unreliable and shouldn't be used for response time measurements. Instead, the testing rig includes a block monitor that takes note of observed block timestamps using the attached ethereum node.

Results

The results folder contains the output from 4 load tests performed during April and May of 2018. These results are described and analyzed in an accompanying StellarX blog post.

In our analysis, a transaction was considered "confirmed" after 4 blocks. Due to the nature of proof-of-work, short-lived forks happen in Ethereum. This means that even if a transaction appears in a block, it’s possible that block is part of a temporary fork and will eventually be discarded. Ethereum apps therefore usually wait until the transaction is 4-12 blocks in the past before treating it as final. Our guiding value in this test was to bias in favor of Ethereum wherever possible, and so we used the lower number.

Except for Test 3, we used ETH Gas Station's "Standard" gas price recommendations. Test 3 used the "Fast" pricing recommendation. Exact cost and timing details are in the output data.

Test Dates and Total Costs

  Date Eth Spent USD/Eth notional USD value
test 1 17-Apr 1.41150969 511.15 721
test 2 19-Apr 6.92814991 524.04 3,631
test 3 20-Apr 11.86570882 567.99 6,740
test 4 7-May 3.13062921 793.34 2,484
total 23.33599764 13,575

Test Environment

  • AWS t4.xlarge instance with attached EBS storage.
  • Parity 1.10
  • Tests performed on the same machine using the IPC interface.
  • A simple ERC20 token (POGO) was deployed using a standard ERC20 contract.

Usage

Requirements:

  • python 3.6
  • pip install -r requirements

Configuration

Configuration is set through Environment Variables

Environment Variable Description
IPC_PROVIDER ethereum (geth/parity) ipc path
HTTP_PROVIDER ethereum (geth/parity) http url, will only be used if IPC_PROVIDER not available (not recommended due to lag)
ETHER_TRANSFER_GAS_LIMIT gas limit for ether transfer
TOKEN_TRANSFER_GAS_LIMIT gas limit for token transfer
INITIAL_TOKEN_TRANSFER_GAS_LIMIT gas limit for initial token transfer (usually a pricier transaction because it allocates space in the erc20 contract)
GAS_UPDATE_INTERVAL time between gas updates
PREFUND_MULTIPLIER accounts will be
ERC20_ABI_PATH path for erc20 abi (json). used for the transfer function
TOTAL_TEST_DURATION_SEC total test duration (seconds)
THRESHOLD gas funding threshold (safeLow, standard, fast)
FUNDER_PK private key of funder account
TOTAL_TEST_ACCOUNTS total number of test accounts
CHAIN_ID ethereum chain identifier (1 for mainnet, 3 for ropsten)
ERC20_ADDRESS address of erc20 contract
TX_PER_SEC load transaction rate (1/sec)
BLOCK_UPDATE_INTERVAL time between block updates
FUNDING_TX_PER_SEC funding transaction rate (1/sec)
FUNDING_MAX_GAS_PRICE for sanity, in case gas prices climb. (wei)

Prepare transactions and accounts

./load_prepare.py

Prepares a set of random transactions, creates accounts and funds them using the funder account, according to configuration.

Output files (csv):

  • Planned txs (from, to): results/txs.planned.{timestamp}.csv :
  • Funded Accounts: (private_key, address): results/accounts.{timestamp}.csv

Execute test

./load_test.py <accounts_csv> <planned_txs_csv>

Start gas and block monitors and then executes all the supplied transactions.

Output files (csv):

  • Observed blocks, including statistics: results/blocks.{timestamp}.csv:
  • results/txs.{timestamp}.csv

Process results

./collect_results.py <txs_csv> <blocks_csv>

Joins transaction and block data to a single dataset.

Output files (csv):

  • Joined transactions data: results/txs.plus.{timestamp}.csv

Note: joined tx data contains confirmation times for 12 blocks after transaction was mined. Each block has two timestamps: the one reported by the miner, and the one observed by the local node.

Cleanup

./account_cleanup.py <accounts_csv>

Moves all test account funds back to funder account.

About

a set of utilities to facilitate load testing of erc20 token transfers

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published

Languages